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Gold Price Under Technical Pressure, All Eyes on Fed Rate Decision and NFPs
Gold Price Under Technical Pressure, All Eyes on Fed Rate Decision and NFPs
Apr 29, 2024
Gold Price Analysis and Charts Gold under short-term technical pressure.Fed and NFPs this week’s highlights.Download our complimentary Q2 Gold Technical and Fundamental Forecasts below: Recommended by Nick Cawley Get Your Free Gold Forecast Most Read: Understanding Inflation and its Global Impact Market’s have opened the session on a mildly positive note, ahead of a week packed full of high-profile data...
Dollar loses ground as markets focus on corporate earnings
Dollar loses ground as markets focus on corporate earnings
Apr 29, 2024
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the Federal Reserves policy meeting this week. After the release of earnings results by Tesla, Alphabet, and Microsoft last week, investors now await fresh results from other major tech companies, including Apple this week. Major US stock indices spiked last week, buoyed in particular by...
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
Apr 29, 2024
EUR/USD and EUR/JPY Analysis and Charts Download our complimentary Q Euro Forecasts below Recommended by David Cottle Get Your Free EUR Forecast The Euro was higher against the United States Dollar on Monday despite a lack of obvious trading news, with bulls seemingly more confident above the 1.07 mark. The single currency had been under pressure against a resurgent greenback...
Dollar under pressure from US yields and Japanese authorities
Dollar under pressure from US yields and Japanese authorities
Apr 29, 2024
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a hiatus on Friday and approaching two-week lows as US 10-year treasury yields slowed down. The greenback is also pressured by the Japanese governments intervention to support the yen after tumbling below 160 per dollar for the first time since 1990. The Index The...
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Sector Update: Health Care Stocks Advance in Afternoon Trading
Sector Update: Health Care Stocks Advance in Afternoon Trading
Sep 16, 2024
02:15 PM EDT, 09/16/2024 (MT Newswires) -- Health care stocks were higher Monday afternoon, with the NYSE Health Care Index rising 0.5% and the Health Care Select Sector SPDR Fund (XLV) up 0.6%. The iShares Biotechnology ETF (IBB) added 0.3%. In corporate news, Bausch + Lomb ( BLCO ) shares jumped nearly 14%. The company is exploring a potential sale...
Sector Update: Health Care
Sector Update: Health Care
Sep 16, 2024
08:53 AM EDT, 09/16/2024 (MT Newswires) -- Health care stocks were flat to higher premarket Monday as the Health Care Select Sector SPDR Fund (XLV) was inactive and the iShares Biotechnology ETF (IBB) was up 0.3% recently. Nuvalent ( NUVL ) shares rose past 20% after the company launched an underwritten public offering of $350 million of its shares of...
Netflix, Dell And 2 Other Stocks Executives Are Selling
Netflix, Dell And 2 Other Stocks Executives Are Selling
Sep 16, 2024
The Nasdaq 100 closed higher by around 0.5% during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
US STOCKS-Tech stocks drag on Nasdaq, S&P 500 as caution reigns ahead of Fed decision
US STOCKS-Tech stocks drag on Nasdaq, S&P 500 as caution reigns ahead of Fed decision
Sep 16, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Apple ( AAPL ) falls after analyst flags weak demand for new iPhones * Intel ( INTC ) rises after report chipmaker qualifies for federal grants * Boeing ( BA ) dips after it freezes hiring, weighs temporary...
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Brent oil price awaits more decline – Forecast today - 03-05-2024
Brent oil price awaits more decline – Forecast today - 03-05-2024
May 2, 2024
Brent Oil Price Analysis Brent oil price maintains stability below 84.77$ level. Stochastic begins to lose positive momentum, indicating a potential resumption of the bearish trend. The next target for the bearish trend is located at 82.40$. The negative scenario relies on the completion of the double top pattern visible on the chart. If breached, the pattern has targets beyond...
Corn price hits the target – Forecast today - 03-05-2024
Corn price hits the target – Forecast today - 03-05-2024
May 2, 2024
Corn Price Analysis Corn price rallied upwards yesterday to succeed achieving our first waited target at 461.90$. Starting today with more rise to breach this level and confirm the continuation of the correctional bullish trend domination, which targets 474.70$ as a next main station. Therefore, we are waiting for more expected rise in the upcoming sessions, supported by the EMA50...
Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan
Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan
May 2, 2024
By Yimou Lee and Angie Teo TAIPEI (Reuters) - Earthquake warning smartphone apps have surged in popularity in Taiwan due to high demand from people eager to get a few extra seconds to take cover after more than 1,300 aftershocks rattled the island in the past month following a large temblor. Taiwan's east coast was struck by a 7.2 magnitude...
Wheat price is recovering – Forecast today - 03-05-2024
Wheat price is recovering – Forecast today - 03-05-2024
May 2, 2024
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid support against the price. Approaching the key resistance at 614.10$, hinting at an attempt to recover and achieve gains in the upcoming period, supported by technical indicators. Therefore, it's advisable to stay aside until we get a clearer signal for the next trend. Note that continuing...
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Kalvista Pharmaceuticals Insider Sold Shares Worth $258,337, According to a Recent SEC Filing
Kalvista Pharmaceuticals Insider Sold Shares Worth $258,337, According to a Recent SEC Filing
May 21, 2024
06:01 PM EDT, 05/21/2024 (MT Newswires) -- Benjamin L Palleiko, Director, CEO, on May 17, 2024, sold 21,959 shares in Kalvista Pharmaceuticals ( KALV ) for $258,337. Following the Form 4 filing with the SEC, Palleiko has control over a total of 216,387 shares of the company, with 216,387 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1348911/000141588924014001/xslF345X03/form4-05212024_090551.xml ...
Shaken passengers arrive in Singapore after turbulence-hit flight
Shaken passengers arrive in Singapore after turbulence-hit flight
May 21, 2024
By Kokkai Ng and Joseph Campbell SINGAPORE, May 22 (Reuters) - Many passengers on a Singapore Airlines flight hit by heavy turbulence which left dozens injured and one dead from a suspected heart attack finally reached Singapore on Wednesday morning. Dozens of passengers quietly filed off a Singapore Airlines jet, mostly ignoring media awaiting their arrival. Some responded to shouted...
Injured passengers on Singapore Airlines face varied compensation
Injured passengers on Singapore Airlines face varied compensation
May 21, 2024
May 21 (Reuters) - Passengers injured by severe turbulence on a Singapore Airlines flight on Tuesday are likely eligible for compensation, but the amount each receives could differ dramatically even for identical injuries due to an international treaty. One passenger died and the airline said 30 passengers were treated for injuries after a flight from London to Singapore made an...
Uruguay antitrust regulator blocks Mexican breadmaker Bimbo's purchase of Pagnifique
Uruguay antitrust regulator blocks Mexican breadmaker Bimbo's purchase of Pagnifique
May 21, 2024
MONTEVIDEO, May 21 (Reuters) - Uruguay's antitrust regulator blocked Mexican breadmaking giant Bimbo's planned purchase of local breadmaker Pagnifique on Tuesday, citing risks to market concentration if Bimbo were able to carry out the deal. Bimbo can now appeal the decision. ...
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